MSE Equity Total Return Index kicks off the week in positive territory

The MSE Equity Total Return Index registered a positive session, as it posted gains of 0.115% despite a negative performance by four equities compared to only one gainer. The index closed at 8,660.73 points, as ten active equities generated a turnover of €255,497 split over 57 deals.

Medserv plcwas the only equity to register gains, as it advanced by 0.87%, to close at €1.16. This result was the outcome of two trades worth a combined € 6,809.

GO plc surrendered some of the gains registered last week, as it posted falls of 1.12%, to end the session at €3.52. The equity was traded three times, as 2,600 shares changed hands.

International Hotel Investments plc was also a drag on the index, as the equity price drifted 1.56% lower, to finish trading at €0.63. This was the result of 2 transactions, in which a total of 24,831 shares were exchanged.

A decrease in value of 0.57% was registered by MIDI plc which closed at €0.348, after 3,000 shares were traded in a sole deal.

A single trade worth just €75 worth of Loqus Holdings plc shares,dragged the price down by a substantial 14.29%, to close at €0.15.

In the banking sector, Bank of Valletta plc andHSBC Bank Malta plc were the two most liquid equities of the session but they both closed unchanged at €1.80 and €1.76 respectively.

Mapfre Middlesea plc, Malta International Airport plc, and Malita Investments plc also traded flat during the session.

In the sovereign debt market yields were generally lower, as six out of 11 active issues recorded price increases, compared to three negative performers. The long-dated 2.1% MGS 2039 gained 0.99% while the 3.3% MGS 2024 declined by 0.85%.

In the corporate bonds market nine issues were active over a mixed trading session. Two bonds closed the session higher and three posted price declines. The 5.35% Bank of Valletta plc Sub € 2019 headed the list of fallers with a 1% drop. On the upside, the 3.75% Bortex Group Finance plc Unsecured € 2027 gained 0.33%.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

86,120

154,708.88

30

1.800

0.00%

HSB

28,023

49,064.43

14

1.760

0.00%

MMS

969

1,763.58

1

1.820

0.00%

GO

2,600

9,108.00

3

3.520

-1.12%

IHI

24,831

15,643.53

2

0.630

-1.56%

MIA

989

4,648.30

1

4.700

0.00%

MDS

5,870

6,809.20

2

1.160

0.87%

MDI

3,000

1,044.00

1

0.348

-0.57%

MLT

15,500

12,632.50

2

0.815

0.00%

LQS

500

75.00

1

0.150

-14.29%



The Corporate bonds traded today were:

 

Closing Price

% Change

5.35% Bank of Valletta plc Sub € 2019

101.770

-1.00%

4.25% GAP Group plc Secured € 2023

102.150

-0.83%

6% MeDirect Bank plc Subordinated Unsecured € 2019-2024

104.050

-0.90%

4.5% Hili Properties plc Unsecured € 2025

104.500

0.00%

4% International Hotel Investments plc Secured € 2026

102.520

0.00%

4% Stivala Group Finance plc Secured € 2027

102.300

0.20%

3.75% Virtu Finance plc Unsecured € 2027

103.000

0.00%

3.75% Bortex Group Finance plc Unsecured € 2027

102.790

0.33%

3.5% Bank of Valletta plc € Notes 2030 S1 T1

100.250

0.00%



The Government Stocks traded today were:

 

 

Closing Price

% Change

5% MGS 2021(I)

117.400

0.02%

4.3% MGS 2022 (II)

118.100

0.20%

5.1% MGS 2022(I)

122.800

-0.07%

3.3% MGS 2024 (I)

117.640

-0.85%

4.5% MGS 2028 (II)

131.330

0.12%

2.3% MGS 2029 (II)

109.100

0.09%

4.65% MGS 2032 (I)

137.300

0.20%

4.1% MGS 2034 (I)

131.750

-0.11%

2.5% MGS 2036 (I)

107.760

0.00%

2.1% MGS 2039 (I)

102.000

0.99%

2.4% MGS 2041 (I)

104.550

0.00%



This article, which was compiled by Jesmond Mizzi Financial Advisors Limited, does not intend to give investment advice and the contents therein should not be construed as such. Jesmond Mizzi Financial Advisors Limited is licensed to conduct investment services by the MFSA and is a Member Firm of the Malta Stock Exchange. The directors or related parties, including the company, and their clients are likely to have an interest in securities mentioned in this article. For further information contact Jesmond Mizzi Financial Advisors Limited at 67, Level 3, South Street, Valletta, or on Tel: 21224410, or email.

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